Case Brief: Superior Supermarkets Short Brief: Superior Supermarkets MKT 5023 The University of Texas San Antonio I. Major Issue The major issue presented in the Superior Supermarkets case study is: Should Superior Supermarkets adopt an “Everyday Low Price” pricing strategy? II. Alternative Courses Maintain Current Pricing Strategy i. Advantages 1. No New Training or Advertising Adjustments Needed
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PROBLEM STATEMENT Superior Supermarkets (SS) must decide whether or not to pursue an everyday low pricing (ELP) strategy at its three Centralia MO locations. Strategic Issues & Marketing Mix Pricing: Current prices are reflective of a high-end branding strategy. SS everyday (non-promotional) prices are approximately 10% higher than Harrison (Hr) and about 7 percent higher than Grand American (GA) and Missouri Mart (MM). Subsequently‚ higher prices have become a competitive concern due to their
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Ray Chung Chun Yiu Chan IBM 421 March 5th‚ 2012 Superior Supermarkets: Everyday Low Pricing In April 2003‚ James Ellis‚ the president of superior supermarket was about to meet with the District Manager that manage the three supermarkets in Centralia Missouri. He mentions that the higher prices in Centralia and the growing price consciousness among the local shopper. They are currently facing the risk of losing market share from supermarkets in Centralia. Specifically‚ he was asked to implement
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Superior Supermarkets Bilal Khan 101647863 Marketing - Master of Management 78-614 Odette School of Business‚ University of Windsor TITLE OF CASE: Superior Supermarkets. _"Everyday Low Pricing"_ KEY PERSON AND HIS / HER POSITION IN THE ORGANIZATION: James Ellis Senior V.P at Hall Consolidated and President of Superior Markets KEY ISSUE OR DECISION THAT MUST BE MADE: Should Superior Supermarkets implement the everyday low pricing strategy? If so‚ should this strategy be adopted across-the-board
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research ‚by means of a questionnaire to analyse consumers opinions. A target market is the customers who have similar needs will become the companies ’ focus to marketing. Cengage‚G(2002)The report will analyse different target market in different supermarket and prvoide some recommendations about how to expand target market range. Marks & Spencer was a single market stall 129 years ago and it has grown to an international multi-channel retailer.At present‚more than 50 territories have M&S shops
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AUM SRI SAI RAM EDLP vs. PROMOTIONAL SALES edlp: * Every Day Low Pricing (EDLP) is one of the pricing strategies deployed by the retailers in providing low prices for their customers every single day when they purchase products from their stores. * This concept was introduced by Samuel Moore Walton (Walton)‚ proprietor Wal-mart Stores in order to attract his rural customers. He promised high quality‚ branded and unbranded products at lowest possible price‚ offering better value for his
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Supermarket From Wikipedia‚ the free encyclopedia This article is about the type of food store. For the 2006 comic Supermarket‚ see Supermarket (comics). For the album‚ see Supermarket (album). This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2010) The examples and perspective in this article may not represent a worldwide view of the subject. Please improve
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Supermarket Psychology: Supermarket Layout watch this video http://www.youtube.com/watch?v=g3IwOgA3Ngw This video is about trolleyology. In simple words means make us easy in spending our money with use of psychology. The case is one customer had given a simple task in 3 minutes to shop 3 basic goods in the supermarket that never shopped before. It looks simple but actually it really hard where you will face with many disruptive things. Customers tend to shop at anti clock direction
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Hi-Value Supermarkets: Everyday low pricing General Overview SLIDE: The Meeting > In early April of 2006‚ several members of Hall Consolidated meet with the District Manager of 3 Superior stores in Centralia‚ Missouri. (The agenda of this meeting was to disuss the districts progress and to address any issues related to the 3 stores.) > The District Manager proposed EDLP for his 3 stores. (The DM thought this was appropriate because he noticed their prices were higher compared
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Five KPIs Every Marketer Should Track Today‚ more than ever‚ marketers can harness the types of customer data that used to be available only to the most sophisticated consumer marketers. Website traffic & awareness‚ online marketing programs‚ traditional lead generation‚ customer satisfaction‚ even product usage data are suddenly at the fingertips of many marketers. Identifying the Key Performance Indicators (KPIs) you should track is the best place to start. Otherwise‚ you’ll bury yourself in
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